This is my post for TNA as of last night. As I type this, TNA is down 14 cents from yesterdays close.
TNA was up 4.1% today, nearly forming a doji. A gap up that didn't quite fill. Friday's hammer effect delayed by a day, perhaps.
For the 2nd day in a row, today had a higher high and a higher low. To me, that remains a positive sign.
Volume today for TNA was higher than normal.
We are in a Full Moon Trade, generally positive for TNA. [ After eight days, the trade is DOWN 7.0% ]
Tony (man has no last name) still says this Full Moon bullishness is canceled out by the Jan 15th Solar Eclipse, creating a Panic Cycle. Not good for TNA, but he seemed wrong today.
RVX (VIX for RUT) was up and down all day and ended lower.
Based on the up day today after Friday's hammer, and based on the /ES & /NQ futures being up as I write this, it looks like tomorrow will be another up day for TNA. This way of looking at things has been dreadfully inaccurate in the past. World events dominate at times.
Someone was saying that there is going to be a ramp up into the weekend before selling starts again Tuesday after the 3 day weekend – what think yeh of that?
well red if the market doesn't tank today the legatus theory can officially be put to bed, it didn't work in May 09 or Oct 09 and if it doesn't work now, the mojo appears to have worn off R's crystal ball
Red – Im still right behind you but very worried what these jackasses might try and do – the Sage of Ohama says that the market will always get you in the end i hope it takes out the PPT and their evil cohorts.
Yes… very dangerous. I'll hang in there for a little while long. But, by Thursday or Friday I'll have too close out the position if we don't start the down move by then.
Red, Wall Street manipulators having fun by fooling both bulls and bears alike. It appears that this correction is over. Just rumors can make pigs fly (both here and in Europe). We may be right directionally, but someone else make money. This is a dangerous market for sure.
This is my post for TNA as of last night. As I type this, TNA is down 14 cents from yesterdays close.
TNA was up 4.1% today, nearly forming a doji. A gap up that didn't quite fill. Friday's hammer effect delayed by a day, perhaps.
For the 2nd day in a row, today had a higher high and a higher low. To me, that remains a positive sign.
Volume today for TNA was higher than normal.
We are in a Full Moon Trade, generally positive for TNA.
[ After eight days, the trade is DOWN 7.0% ]
Tony (man has no last name) still says this Full Moon bullishness is canceled out by the Jan 15th Solar Eclipse, creating a Panic Cycle. Not good for TNA, but he seemed wrong today.
RVX (VIX for RUT) was up and down all day and ended lower.
Based on the up day today after Friday's hammer, and based on the /ES & /NQ futures being up as I write this, it looks like tomorrow will be another up day for TNA. This way of looking at things has been dreadfully inaccurate in the past. World events dominate at times.
No, everything tells me it's going down this week into Friday, and then back up into OPX
Someone was saying that there is going to be a ramp up into the weekend before selling starts again Tuesday after the 3 day weekend – what think yeh of that?
It's a risk… that is true. However, I think they want it to go down, and will not come to the rescue.
Technicals say that we are getting ready to start Minor wave 3, inside Intermediate wave 3. With or without the 'mojo', we should still be going down.
Like the chart.
well red if the market doesn't tank today the legatus theory can officially be put to bed, it didn't work in May 09 or Oct 09 and if it doesn't work now, the mojo appears to have worn off R's crystal ball
Red – Im still right behind you but very worried what these jackasses might try and do – the Sage of Ohama says that the market will always get you in the end i hope it takes out the PPT and their evil cohorts.
Yes… very dangerous. I'll hang in there for a little while long. But, by Thursday or Friday I'll have too close out the position if we don't start the down move by then.
Red,
Wall Street manipulators having fun by fooling both bulls and bears alike.
It appears that this correction is over. Just rumors can make pigs fly (both here and in Europe). We may be right directionally, but someone else make money. This is a dangerous market for sure.